Business

As part of its commitment to help build a digital nation, Globe Telecom is expanding the reach of its nationwide digital solutions caravan for small and medium enterprises (SMEs) through its SME arm Globe myBusiness as it holds the 3rd Globe myBusiness Day in Batangas City.

The European Commission is making available P156.34 million in humanitarian aid to assist people affected both by the aftermath of Typhoon Nona and the prolonged conflict in Mindanao.

Unilab Foundation Inc. has partnered with the Philippine Foundation for Science and Technology (PFST) to address the country’s health literacy gap through Health Science On the Go (HSOTG)–Traveling Science Centrum.

Globe Telecom said its board approved the declaration of a first quarter cash dividend of P22 per share for common shares.

The Light Rail Manila Corp. (LRMC), led by conglomerate Metro Pacific Corp. of mogul Manny V. Pangilinan, has signed a loan facility worth P24 billion, along with an Engineering, Procurement and Construction (EPC) agreement for the project to extend the Light Rail Transit Line 1 (LRT-1) to Cavite province.

The government ratified the two remaining protocols out of the six that, together, comprise a regional pact liberalizing air transportation in the Asean (Association of Southeast Asian Nations) Economic Community. On February 3, President Aquino signed Protocol 5 and Protocol 6 of the ASEAN Multilateral Agreement in Air Services (Maas), the Department of Transportation and Communications (DOTC) said in a …

The SM Central Business Park 1-A at the Mall of Asia (MOA) Complex in Pasay City has been declared a Philippine Economic Zone Authority (Peza) special economic zone. The area includes e-commerce buildings Three and Four E-Com which mostly houses information technology and Business Process Outsourcing companies.

By Jerry Maglunog The Monetary Board (MB) has further opened new opportunities for banks as it lifted restrictions on them in opening up new branches or expanding to a higher banking level.

Listed Security Bank Corp. posted a record-high profit of P7.7 billion last year, which was 7 percent higher than a year ago and translating to 15.2 percent return on equity (ROE) of shareholders.

Nongovernment reforestation, or tree-planting activities conducted by private land owners, organizations, and citizens, has been declining despite the introduction of the National Greening Program (NGP), a study conducted by state think tank Philippine Institute for Development Studies (PIDS) showed.